Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Claymore Tries Hand at ETFs Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, September 18, 2006

Claymore Tries Hand at ETFs

by: Sean Hanna, Editor in Chief

Closed-end fund specialist Claymore Group is jumping into the exhange-traded fund arena with five offerings that track more exotic indices than most. The funds are using the fact that they are not tied to generic indices as an explanation for their relatively high 60 basis point expense ratios (well, they are high compared to other ETFs, if not compared to other funds).

The funds will be based on indexes from Sabrient and Zacks. Neither of the two firms is known for its index work.

To some, the ETFs may look more like well-disciplined actively managed offerings rather than index offerings that seek to replicate a broad market or one of its component segments.

In one case, for example, the Claymore/Sabrient Insider ETF will invest in companies with reporting large insider buys by key executives or that have been the beneficiaries of a recommendation upgrade by a Wall Street analyst. The funds analog -- The Claymore/Sabrient Stealth ETF -- will buy stocks that are being ignored by Wall Street analysts. Another fund -- Claymore/Zacks Yield Hog ETF -- will track stocks with high-paying dividends. Claymore/BNY BRIC ETF, a more traditional fund will, invest in the emerging markets of Brazil, Russia, India and China (get it? BRIC). That quartet makes the Claymore/Zacks Sector Rotation ETF, which will rotate among hot sectors of the economy, as downright boring.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use